1- PhD student, Accounting Department, Urmia Branch, Islamic Azad University, Urmia, Iran 2- Associate Professor of the Accounting Department, Urmia Branch, Islamic Azad University, Urmia, Iran (corresponding author) , s.jabarzade@iau.ac.ir 3- Associate Professor of the Accounting Department, Urmia Branch, Islamic Azad University, Urmia, Iran 4- Assistant Professor, Accounting Department, Urmia Branch, Islamic Azad University, Urmia, Iran
Abstract: (20 Views)
The purpose of the study was to investigate the effect of capital market indicators on stock prices based on stock valuation. The stock market is one of the most important economic markets that collect surplus resources from natural and legal persons and provide financial resources to applicants. Natural persons or individuals are considered to be one of the main providers of financial resources in this market, who purchase shares of companies registered with the Securities and Exchange Organization. In this article, panel data method was used to investigate the effect of capital market indicators on stock value. In order to analyze the results, the statistical information of the period of 1390-1402 was used. The results obtained from this study show that the capital market indicators have a significant effect on the value and share price. Meanwhile, the variables of the company's debt ratio and earnings per share have the highest negative and positive effects on the share price.